Skip Ribbon Commands
Skip to main content
Sign In
OMA Insurance
Not for profit. All for doctors.
HomeGet a QuoteMeet your Advisors | Making ClaimsWhat’s NewContact Us Print Friendly and PDF

Premium Refunds

We're ready to help.
​​​​​​​​ Ask a Question
Ask a Q​ues​tion

Annual Premium Refund

A key benefit of our unique, not-for-profit insurance products is the annual premium refund. On selected plans, premiums in excess of claims, expenses and reserves may be refunded to insured members. While past performance does not guarantee future results, active members who purchase Life and Professional Overhead Expense coverage have benefited from a combination of annual premium refunds – totalling over $23 million for the 2018/2019 plan year.

​ Year​​​ Life

(G-3900 and G-29500)

​ Disability
Professional Overhead Expense
10 Year Average
​57% 23%​​​45%


For 2019 those members who signed up for direct deposit, your refund was deposited on December 6th, 2019. All others, including those policies owned by a corporation, will be mailed a cheque December 6th, 2019. Join your colleagues and get next year's refund sooner by downloading and completing the Direct Deposit Form